Accordingly, the Exchange of Notes and the Grant Agreement were signed by the Secretary of State to the minister of Agriculture, Fisheries, Rural Development and Water and Forests, in charge of Maritime Fisheries, Zakia Driouich, the Parliamentary Vice-Minister for Foreign Affairs of Japan, Onishi Yohei and the Resident Representative of the Japan International Cooperation Agency (JICA) in Morocco, Kawabata Tomoyuki.

This additional grant supplements the initial financing, for which the Exchange of Notes was signed in Safi on January 22, 2025, and the Grant Agreement on February 6, 2025, in Agadir, for an amount of 2.003 billion Japanese yen, equivalent to approximately MAD 133 million. Thanks to this additional support, the total financing amount now reaches 2.505 billion yen, or about MAD 157 million. This funding is intended for the redevelopment of the Souiria K’dima fishing village, which was initially developed in 1998 as part of cooperation with Japan.

As part of Japan’s Non-Refundable Financial Cooperation, this financing aims to provide Morocco with a new-generation fishing village, fully integrated into its economic and territorial environment.